The $14bn oil and gas endowment has been slowly getting back into private equity investing after a placement agent scandal left its programme in limbo.
2 min read · 05 January 2013
The publicly listed firm collected $5bn for new strategies last year, including infrastructure, natural resources and mezzanine investments.
2 min read · 05 January 2013
The firm's third European Principal Fund, which held a first close in December, has received a €60m commitment from the San Diego County’s public workers’ pension.
1 min read · 05 January 2013
The performance of mega-funds was a key point at a recent meeting, where a board member said he didn't understand why the pension continued 'to do business with the mega-funds'.
3 min read · 05 January 2013
The $34.6bn pension has been ‘overhauling’ its private equity programme to expand its capabilities around co-investing, secondaries and international investments.
1 min read · 05 January 2013
The state’s board of investments, which oversees $83.8bn in assets, committed to Centerbridge Partners, Cortec Group, Excellere Capital and GTCR in the past few months.
1 min read · 05 January 2013
The partnership, called Silver Lake Kraftwerk, will target environmentally friendly growth investments. Cathy Zoi, a former official in the Obama administration, is joining the team.
2 min read · 05 January 2013
The Texas-based firm wanted to raise a separate vehicle that would have targeted water resources, food and agriculture – areas affected by climate change – but lack of LP support caused NGP to roll the strategy into the main fund.
2 min read · 05 January 2013
The firm’s decision to return $3bn-worth of cash it couldn’t find a proper home for is good fiduciary practice. Now think capital overhang: the question is who else will follow the firm’s example, writes Christopher Witkowsky.
2 min read · 05 January 2013
The results are in: Oaktree and Apax are among the winners that have once again been honoured by peers in the PEI Awards. Meanwhile, TPG swept the boards in Asia, while Actis, Blackstone, Bridgepoint, Robeco, CalPERS, Temasek and Partners Group were also considered standouts by voters.
2 min read · 05 January 2013
